📊XAU/USD Scalping Update – May 6, 2025
🔹Current Price: 3,372.24
🔹Timeframe: 5M

📌Key Supply Zone (Resistance):
🔴3378.39–3381 – Fresh Supply Zone tapped (sharp rejection visible)

📌Key Demand Zone (Support):
🟢Below price – Intraday demand area acting as base for recent move

📉Bearish Outlook:
Price tapped directly into the supply zone and showed strong rejection with a bearish engulfing candle. Short-term bearish move has begun and could revisit lower demand.

📈Scalp Strategy Insight:
✅Enter on rejection from supply (as marked)
✅TP near demand zone
✅Ideal for quick 1:2 or 1:3 scalping setups

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